Give employees instant pay with myFlexPay without disrupting Workday payroll

What is the true cost of financial stress to your business?

Financial stress is something most employers are already aware of, but the numbers behind it tell a more urgent story:

• 77% of employees are financially stressed
• 47% are distracted at work due to financial stress
• 76% want their employer to provide earned wage access

These aren’t just statistics. They’re signals about productivity, retention, and the kind of workplace culture you’re building. When employees feel financially secure, it shows up in how they work, how long they stay, and how they talk about where they work.

Financial wellness for a resilient workforce

Financial well-being has moved beyond a perk. With financial stress costing employers $4.7B weekly in lost productivity, organizations that take it seriously are seeing real returns in retention, engagement, and recruitment.

The employees who need this most aren’t always the ones you’d expect. Even high earners are living paycheck to paycheck: 48% of six-figure earners report doing exactly that.

The good news is that flexible pay solutions don’t have to mean overhauling your operations. When they’re built for the way you already work, adoption happens naturally — and the impact follows.

Supporting the employee journey — even before their start date

Recruiting and hiring ranks as a top HR challenge and earned wage access has become part of how leading employers differentiate themselves in the talent market.

• 83% of U.S. workers ages 18–44 believe they should have access to earned wages at the end of each workday
• Open positions that include EWA as a benefit fill 27% faster than similar roles without one

Offering earned wage access doesn’t have to mean a complex implementation or ongoing administrative burden. When it’s built natively for Workday, the lift on your team is minimal — and the signal it sends to candidates is significant.

Setting the table for financial well-being: How Crate & Barrel empowers employees

When Crate & Barrel rolled out a suite of financial well-being solutions to their 7,000+ employees across the U.S. and Canada, 20% of their workforce adopted the program — including 12% of salaried staff.

What made it work? A solution that practically runs itself. Payroll Manager Janice Woods describes rolling out myFlexPay to Canadian employees as a three-email process. No heavy lifting. No reconciliation headaches. No disruption to existing payroll cycles. Only a benefit that employees notice, use, and talk about with their coworkers.